I hope all the ActiveRainers had a wonderful Christmas. Hawaii had a white Christmas this year due to a storm that hit the Big Island. While it's common for Mauna Loa to get snow in the winter, this time both Mauna Loa and Mauna Kea received snow. Here is a time-lapse video taken from one of t
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12/26/2008
The updated Kauai real estate inventory chart is presented below. The 3+ year climb may have resumed as shown in the chart. The dip in early November was hopeful but as I always say "one month does not a trend make". Nevertheless, we may be starting to flatten out and another few months will g
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12/18/2008
The December absorption rate chart for the island of Kauai is posted herein. Clearly the supply of homes and condos continues to far exceed a healthy rate of sales for most island zones. The one exception is the central zone of Lihue which is comparatively HOT with less than a 1 year supply of
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12/18/2008
HAWAII HAS NEW JET SERVICE! In a previous post, I had mentioned that there was going to be a new entrant into the Hawaii interisland jet service market. Republic Airlines has signed an agreement with our local Mokulele Airline to bring the Embraer 170 Regional Jet to Hawaii. There are now 2 air
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12/14/2008
November sales statistics from the Kauai & Maui MLS systems have been released and are presented in the tables below. Median sales prices on the two islands continue to be similar except for vacant land which jumped substantially on Maui. The number of sales on Maui are substantially higher (ex
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12/09/2008
